JP MORGAN CHASE Technical Analysis: Weekly Chart
In the weekly charts, JP MORGAN CHASE is trading in the down channel.
It is trading below 20 and 50 days SMA & above 100 days SMA.
The immediate support is 127.16 & the resistance level is at 139.50.
JP MORGAN CHASE is trading in the down channel until there is a trend reversal.
JP MORGAN CHASE Technical Analysis: Daily Chart
In the daily charts, JP MORGAN CHASE is trading in the down channel.
It is trading below all SMA.
The immediate support is 133.56 & the resistance level is 139.56.
JP MORGAN CHASE is trading in the down channel until there is a trend reversal.
How to Trade JP MORGAN CHASE this Week:
JP MORGAN CHASE will follow the downtrend until their trend reversal. So, remain bearish on JP MORGAN CHASE
TRADE SUGGESTION- SELL AT 136.38, TAKE PROFIT AT 133.56 AND STOP LOSS AT 139.56
